Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Popdex against Polymarket Perps+0.024%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 4 days (all we have)+0.014%+$1 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now +0.024%, 7d avg +0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZEC-USD | 1,457.6 | 0.0100 | pay 0.0013% / 1h | 59m 03s | $354K | $1.8M | 10x |
| Short | Popdex ZECUSDT | 1,458 | 0.0096 | get 0.0012% / 1h | 59m 03s | $173K | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.024% → +0.021%
- $0.26
- Slippage, 4 orders
- −$7.35
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$22.33
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; Popdex: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 5 min ago | 2.74 bp | 7.7 bp −$8 | 10.1 bp −$101 | 30.0 bp −$3,002 | doesn't fit |
| Sell Popdex live order book, 5 min ago | 0.10 bp | 3.5 bp −$3 | 6.5 bp −$65 | doesn't fit | doesn't fit |
ZEC on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3042% | 1h | 1,459.7 | +0.142% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,460.5 | +0.196% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,456.6 | −0.068% | $29.5M | $70.8M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.6 | +0.140% | $411K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,461 | +0.233% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,457.5 | −0.007% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.3 | −0.018% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,457.3 | −0.022% | $291K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0071% / S −0.0023% | 1h | 1,457.4 | −0.015% | $409K | — | 100x | as long as short |
| Popdex ZECUSDTshort | +0.0096% | 1h | 1,458 | +0.024% | $173K | $1.7M | 50x |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,458.5 | +0.059% | $10K | $858K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,458.6 | +0.069% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,459.4 | +0.121% | $2.9M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.6 | 0.000% | $758.3M | $431.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,457.3 | −0.020% | $14.8M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,459.2 | +0.111% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.2 | −0.093% | $668.9M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,455.7 | −0.133% | $261.3M | $602.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,456.1 | −0.102% | $178.1M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458 | +0.027% | $396K | $442K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.5 | −0.004% | $880K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.6 | −0.067% | $50.6M | $169.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456 | −0.109% | $214.0M | $763.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.3 | −0.089% | $102.7M | $54.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.4 | −0.082% | $165.6M | $271.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,456 | −0.110% | — | $105.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,457.6 | +0.001% | $47.8M | $32.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.9 | +0.023% | $567K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.1 | +0.104% | $3.0M | $451K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,459.1 | +0.102% | $405K | $942K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,459.7 | +0.146% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USDlong | +0.0100% | 1h | 1,457.6 | long leg | $354K | $1.8M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.6 | +0.001% | $161K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.1 | −0.101% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,460.4 | +0.193% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,456.9 | −0.049% | $233K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457 | −0.041% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.1 | −0.032% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,455.9 | −0.116% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.2 | −0.028% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,458.7 | +0.074% | $4.6M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0128% | 1h | 1,458.3 | +0.050% | $8K | $7K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0187% | 1h | 1,457.9 | +0.020% | $615K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,458.2 | +0.038% | $923K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0234% | 1h | 1,456.8 | −0.056% | $2.4M | $3.9M | 15x | as long as short |
| Lighter ZEC | +0.0256% | 1h | 1,457.9 | +0.018% | $19.2M | $44.6M | 20x | as long as short |
| Lighter RH ZEC | +0.0312% | 1h | 1,458.1 | +0.032% | $2.1M | $6.9M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0333% | 1h | 1,456.8 | −0.056% | $18.0M | $45.2M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,459.7 | +0.141% | $3.8M | $9.1M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,459.6 | +0.137% | $677K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0673% | 1h | 1,458.5 | +0.061% | $45K | $49K | 10x | as long as short |
Polymarket Perps ZEC-USD
Popdex ZECUSDT
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Phoenix ZEC
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter ZEC
Lighter RH ZEC
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD